Define: Total Cash
Total Cash means the sum of all unrestricted, accessible funds, including those held as collateral, in escrow, and from like-kind exchanges
Total Cash means the sum of all unrestricted, accessible funds, including those held as collateral, in escrow, and from like-kind exchanges.
Relevant Circumstances
- When organizations are going through a merger or asset purchase/sale.
- When there is a need to clarify financial aspects during a takeover bid.
- During internal financial reporting.